ADA Long Position Opportunity
Market Context:
ADA is showing strong buyer activity around $0.50 and holding above the 200-Day EMA. A reclaim of $0.84 could signal a medium-term structural shift, offering a solid entry for upside potential.
Trade Details:
Entry Zone: Around $0.84 on a confirmed reclaim
Take Profit Targets:
$0.98
$1.15
Stop Loss: Below $0.75
This setup provides a favorable risk-to-reward ratio, with potential for upside if the reclaim holds. 📈
ADA is showing strong buyer activity around $0.50 and holding above the 200-Day EMA. A reclaim of $0.84 could signal a medium-term structural shift, offering a solid entry for upside potential.
Trade Details:
Entry Zone: Around $0.84 on a confirmed reclaim
Take Profit Targets:
$0.98
$1.15
Stop Loss: Below $0.75
This setup provides a favorable risk-to-reward ratio, with potential for upside if the reclaim holds. 📈
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.